Sustainability Report 2023

Environment As an industrial company, we are conscious of our responsibilities towards the environment and society. We therefore seek to minimise any negative impacts from our operations and work hard to keep reducing our carbon footprint, e.g. by improving our energy efficiency, reusing raw materials and introducing closed-loop cycles. To help us reduce our energy consumption and emissions, we employ an energy management system and planning processes in line with the international ISO 50001 standard. Our energy team uses this system to develop actions plans to optimise our energy consumption, efficiency and usage – three key metrics that indicate our company’s progress in terms of improving its energy efficiency and overall energy performance. ➔ GRI 3-3 – Relative energy consumption reduced – Use of renewables increased – Monitoring system updated and extended – Absolute emissions figures reduced – Energy and resource efficiency increased – Usage rates for raw materials increased through resource efficiencies – Closed-loop cycles implemented Key points Energy and climate impact 38 © Copyright by Blum

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